The Chinese AI app DeepSeek has become the most downloaded free app on the Apple App Store in both China and the U.S., surpassing ChatGPT in free downloads in the U.S.
This success boosted related stocks, with several rising over 10% when markets opened on Monday.
DeepSeek, an AI startup from China, released its open-source model DeepSeek-R1 in January. According to Xinhua News Agency, this model uses deep learning to give AI reasoning abilities, a major technological breakthrough. Its performance in tasks like math, coding, and natural language reasoning is said to rival top models from leading companies like OpenAI.
The app has drawn global attention, with experts in Silicon Valley impressed by how DeepSeek achieved such success using less powerful chips than its competitors.
Silicon Valley venture capitalist Marc Andreessen called DeepSeek-R1 one of the most impressive AI breakthroughs he has ever seen. Barrett Woodside, co-founder of AI hardware company Positron, praised DeepSeek’s open-source approach, which makes its software freely available.
DeepSeek’s rise highlights China’s growing strength in AI technology and innovation.
Source: ecns
